1980 History/Videos

Show history for:

Untitled Document

1980 As the continued miniaturization continues
new technology allows for new consumer products that could never have
existed to appear including Domestic Camcorders and Fax Machines, One
other notable is the release of the Pac-Man arcade game. Politics enters
the Olympic games with the boycott by the US of the Moscow Olympics and
War breaks out between Iraq and Iran. This was also a bad year for natural
disasters including Mount St. Helens eruption and a major heat wave in
the US.

Cost of Living 1980

How Much things cost in 1980
Yearly Inflation Rate USA 13.58%
Year End Close Dow Jones Industrial Average 963
Interest Rates Year End Federal Reserve 21.50%
Average Cost of new house $68,700.00
Average Income per year $19,500.00
Average Monthly Rent $300.00
Cost of a gallon of Gas $1.19
Average cost new car $7,200.00
Mens Casual Shirt $14.00

What Events Happened in 1980

Start of Iran
-- Iraq War

Zimbabwe formerly Rhodesia gains independence

Majority black rule in Zimbabwe

Solidarity Trade Union Formed in Poland and
shipyard workers go on strike

Failed operation by US to free hostages
in Iran

Yassar Arafat is elected the President
of the Palestinian National Council

Ronald Reagan Elected President of the
USA

Terrorists seize Iran embassy and hostages
in London leading to the British SAS storming embassy and releasing
hostages

Japan becomes the worlds largest auto
maker

US leads boycott of Moscow Olympics
in protest at Soviet invasion of Afghanistan

Mariel boat lift mass exodus of political
refugees from Cuba to the United States

Spain and United Kingdom agree to reopen
the border between Gibraltar and Spain, closed since 1969.

Mount St. Helens erupts in Washington
killing 57

Latest Cencus reveals US Population is 226,504,825

Severe Summer Heat Wave in Southern
US Causes 1,117 deaths in 20 States